Montenegro Tourist Arrivals

The number of visitors from abroad to Montenegro increased 13.2 percent year-on-year to 146,829 thousand in September of 2018, following a 9.0 percent rise in August. European citizens accounted for 82.2 percent of total foreign visitors while tourists from non-European countries represented only 17.8 percent. Visitors came mostly from Russia (9.4 percent of total arrivals); Serbia (9.1 percent); France (7.8 percent); Germany (7.8 percent) and the UK (6.8 percent). Tourist Arrivals in Montenegro averaged 63483.62 from 2010 until 2018, reaching an all time high of 194968 in August of 2018 and a record low of 10322 in February of 2012.

Tourist Arrivals in Montenegro is expected to be 34600.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Tourist Arrivals in Montenegro to stand at 67100.00 in 12 months time. In the long-term, the Montenegro Tourist Arrivals is projected to trend around 44500.00 in 2020, according to our econometric models.

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